Periphery sovereigns take hit at auction

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Periphery sovereigns take hit at auction

Greece
An EU flag flies in front of ancient Parthenon temple, in Athens, on Wednesday, April 9, 2014. Greece announced Wednesday it was returning to international bond markets for the first time in four years amid growing signs of financial confidence in the country. (AP Photo/Petros Giannakouris) | Petros Giannakouris/AP/Press Association Images

A pair of eurozone periphery sovereigns suffered rising yields at short end auctions on Wednesday, as the region’s bonds sold off for a second straight day in secondaries.

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